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17 comment(s). Last comment by mike168 2020-05-04 10:00

probability

14,178 posts

Posted by probability > 2020-05-02 16:52 | Report Abuse

Bursa sifu, please let go of Hengyuan, migrate to Serbadk if you need to invest on O&G...

HY will suffer huge stock loss on coming qtr results...refinery margin is like shit..

stockraider

30,111 posts

Posted by stockraider > 2020-05-02 18:34 | Report Abuse

Just go Lctitan mah....!!


Posted by probability > May 2, 2020 4:52 PM | Report Abuse

Bursa sifu, please let go of Hengyuan, migrate to Serbadk if you need to invest on O&G...

HY will suffer huge stock loss on coming qtr results...refinery margin is like shit..

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2020-05-02 19:14 | Report Abuse

Ini buaya kenal trap so panggil lu beli..o&g...

Posted by tradesnake > 2020-05-02 21:34 | Report Abuse

the increase in cash accompanied by huge jump in trade and other payables, so net-net no cash at all , i think

Posted by tradesnake > 2020-05-02 21:43 | Report Abuse

if you add up short-term and long-term borrowings, the amount is higher than cash

Posted by tradesnake > 2020-05-02 21:54 | Report Abuse

also our market has been on an uptrend for a while now since mid-March , almost all counters rebounded from lows , some more than others but now may not be a good time to be bullish - i think the recent market rise has lulled many market players into a sense of positive complacency - Btw , DJIA dropped 600+ points while Nikkei future also dropped heavily on Friday - chart-wise look like pennant breakdown signalling resumption of the earlier downtrend - Monday could see our market follow suit - bears waking up from the short nap - just my two cents to advice caution now

stockpip

199 posts

Posted by stockpip > 2020-05-03 11:32 | Report Abuse

Oil refineries have a long way down after the lockdown. Enough said.

Talib

536 posts

Posted by Talib > 2020-05-03 12:15 | Report Abuse

lol.. author clearly very below Par analyst that dont know how refinery work. lol.

Talib

536 posts

Posted by Talib > 2020-05-03 12:16 | Report Abuse

if hengyuan was traded between 3-4 before covid, whay make you think the price can go to 5 after covid ended with same demand? oil price below 20, margin spread won't vr better

Posted by tradesnake > 2020-05-03 12:26 | Report Abuse

a lot of pseudo-analysis in this site - almost seems written with one purpose to garner support with no risk to money taken into account. in this MCO i have the opportunity to survey the postings - recent and past - a lot of losses seen - some even bragged how much they lost as if it is an honor ! also a lot of marketing of trading/advisory platforms which i avoid - i mean if its so good as claimed why not the founders use it to make lots of money - no need to sell to the public. but all these make for entertaining read nonetheless hahaha

Posted by tradesnake > 2020-05-03 12:30 | Report Abuse

Talib is right , if HY was at 3-4 before covid , to go back to 5 needs some sort of magic - demand just not there anymore , also i think refined oil inventory must have build up over the past 2 months

uptrending

1,827 posts

Posted by uptrending > 2020-05-03 15:11 | Report Abuse

Coming Q huge inventory loss. 31st March 2020 oil price is far far below 31st Dec 2019, isn't it?

Frank Tan

533 posts

Posted by Frank Tan > 2020-05-03 18:46 | Report Abuse

Throw sharp knives ...........

miker

708 posts

Posted by miker > 2020-05-03 20:23 | Report Abuse

Current world oil storage almost full lor....how to pump more....wait after June to get clearer picture...

Talib

536 posts

Posted by Talib > 2020-05-04 08:35 | Report Abuse

where got report button|? want to report this bastard for false info.

Alfonso

3,116 posts

Posted by Alfonso > 2020-05-04 09:49 | Report Abuse

si buaya ong7 ni ya

mike168

67 posts

Posted by mike168 > 2020-05-04 10:00 |

Post removed.Why?

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